Section: Latest news

Crude prices inched up on Friday after dropping to their lowest in more than three months the session before, pressured by concerns that a global supply glut is proving stubbornly persistent, according to Reuters. U.S. West Texas Intermediate crude (WTI) was up 37 cents, or 0.8 percent, at $49.65 a barrel at 0604 GMT, Reuters said. It fell below...

Head of the Ukrmetprom Association Oleksandr Kalenkov says Ukrainian steelmakers smelted about 3 million tonnes of steel less in the second half of 2016 due to JSC Ukrzaliznytsia (UZ) railways operator`s bad performance, according to the Ukrainian-based media outlet RBC-Ukraine. ”In the second half of the year, Ukrzaliznytsia`s operation was the...

The seaport ”Yuzhnyi” has the greatest development potential among Ukrainian seaports. It is proved by transport system and logistics analysis of the Southern region, conducted by the working group of Japan International Cooperation Agency (JICA), according to UkrAgroConsult. Among other things, traffic forecast and attractive projects of...

Donald Tusk has been re-elected President of the European Council, the Prime Minister of Luxembourg has confirmed, according to Euronews. The issue was high on the agenda at today`s EU summit (March 9), Euronews reports. His mandate ends on May 31, but was widely expected to be renewed for two and a half years. Issues on a local political level...

Russia`s hybrid military forces attacked Ukrainian army positions in Donbas 69 times in the past 24 hours, according to the press service of the Anti-Terrorist Operation (ATO) Headquarters. View map in full size ”The town of Maryinka, and the villages of Chermalyk and Pavlopil in the Mariupol sector came under mortar fire, while grenade launchers...

Roman Nasirov, the temporarily suspended chief of Ukraine`s State Fiscal Service who is now under anti-corruption investigation on abuse of office charges, is allegedly a holder of a Hungarian and UK passport, that`s according to a representative of the Anti-Corruption Prosecutor`s Office Roman Sumkiv who spoke at a court hearing Monday. ”Just...

Ukraine`s natural gas reserves in its underground storage facilities amounting to 8.217 billion cubic meters are the largest in Europe, as of March 5, 2017, the press service of the national oil and gas holding, Naftogaz of Ukraine, wrote on Facebook. ”As of early spring, our underground gas storage facilities have the most substantial reserves...

Once created to promote absolute transparency, Wikileaks has increasingly been turning into an instrument that Russia exploits in its own interests, according to Neue Zurcher Zeitung. In the first few years, WikiLeaks followed a community approach: everyone could upload to the portal and edit leaked documents; The whole team decided which...

The Ukraine-related meeting of the Executive Board of the International Monetary Fund has been scheduled for March 20, according to the IMF spokesman Gerry Rice. The meeting is scheduled for March 20, Rice said. The Executive Board of Ukraine`s key lender, the IMF, on the issue of allocating another bailout tranche in the amount of $1 billion,...

The United States Department of Justice has reported on the arrest of a Ukrainian citizen, charged with illegally exporting from the U.S. to Ukraine night vision devices and thermal imagers. On March 7, ”Volodymyr Nedoviz, a lawful permanent resident of the United States and citizen of Ukraine, was arrested on federal charges of illegally...